"Kodak has filed a motion with the court to allow us to discontinue the sponsorship that included theater naming rights," said spokesman Christopher Veronda in an e-mail to CNNMoney.

Veronda would not confirm or deny reports that the contract was for $4 million per year.

"We have not released the terms of the annual payment," he said.

The filing comes just weeks before the Oscars ceremony, scheduled for Feb. 26 at the theater.

Karen Diehl, spokeswoman for CIM Group, the company that owns the theater, said that Kodak Theatre has hosted the Oscars since 2002. But she would not comment as to whether the contract's cancellation will affect this year's presentation.